China is marking a major milestone this year. It is now 40 years since the country began to open up and launch economic reforms. Today, China has been transformed. It has seen rapid economic development and has pulled more than 800 million people out of poverty. It is also playing a major role in the global economy and is a leader in promoting globalization and free trade. Meanwhile, Chinese President Xi Jinping is promising more reform and opening up as the country plans for the next phase of development. CGTN’s Owen Fairclough reports.
